The production of sulphate bleached wood pulp in Sweden stood at 6.27 million metric tons in 2023. Over the last decade, the production experienced fluctuations with a considerable dip in 2014, followed by a period of recovery and growth. From 2018 onwards, the production has been on a fairly consistent upward trend, with slight variations each year.
The year-on-year variation for 2023 indicated a modest increase of 1.25%, reinforcing the stabilized growth pattern seen over the recent years. Looking at the period from 2022 to 2023, there is a continued but moderate expansion. The Compound Annual Growth Rate (CAGR) for the most recent five years stood at 1.23%, suggesting a steady yet moderate growth trajectory.
Forecast data indicate that production is expected to rise continually, reaching approximately 6.65 million metric tons by 2028. The forecast 5-year CAGR is projected at 0.93%, with an overall growth rate of 4.76%, implying sustained growth, albeit at a slightly slower pace.
Going forward, trends to watch for include technological advancements and sustainability practices in production, potential shifts in global demand, and economic factors that could impact raw material availability and production capabilities.